Member Info for danawinner

Here they are with pretty pictures as well.
https://northenergy.no/wp-content/uploads/2020/08/NE-Interim-report-Q2-2020.pdf

and they look pretty good to me, thanks to TXP Touchstone!
https://newsweb.oslobors.no/message/512512

Timmit, with situations like this, I look at the short-term potential return, where the value is intrinsically there but needs to be set free, say three to six months.
The strategy seems to work, I am up 650% year to date on my 'dealing portfolio'.

Hi Timmit, The shell company is worth £250 to £500k, and saleable.
A break-up distribution of the assets would double your money short term and extinguish most of the overheads, with only minor holding costs of circa £50k pa until company sold to someone wishing to reverse into an AIM listing at low cost.
It is not a long-term strategy, but allows shareholders to take profit and reinvest.

K3VMC whenever I see the name Doris, I am reminded of my local carvery pub, where the great and the enormous of my local community go to trough on the unlimited food offering.
Whilst waiting to buy a drink, Tellytubby 1 was in front of me ordering drinks when Tellytubby 2 rolled past with its third plate of chips and mash piled a foot high.
What do you want to drink? asked she.
I suppose I'd better have a Diet Coke Doris, came the answer.

I may be wrong, but I can see that we will get a TR1 at some stage announcing a new position in excess of 3%.
If it is an organisation of some repute, I think the SP will go on fire.
That, and the anticipated result of Chinook.
I can see £1 within the next fortnight. dyor.
GLA

It all depends on your viewpoint, but if you are running a portfolio of loss-making companies, every time that you succeed in parting investors from their cash is a success.
Of course, on the other hand, if you are an investor, you would have to be an inveterate optimist to think that companies like TIR, EUZ and BZT will suddenly multi-bag for you. DYOR

Betterupthanlimp you need 5% of shareholders to call an EGM, and you then need specific resolutions to vote on.
As always, you need more than 50% of the votes on the resolutions for them to be carried.
I have done this before with an AIM company where I stepped in and replaced the entire Board, with a degree of success.
I am currently looking at North Energy which is Oslo based and you need 10% of shareholders to call an EGM but over there it is much easier to dissolve a company and distribute the assets. A better result there to achieve shareholder value would be for a joint listing on the London AIM market, and I have an existing company lined up, not this one!
North has 10% of TXP Touchstone Exploration which is really motoring plus a chunk of Reach Subsea a Norway oil service company. Currently trading at a 50% discount to NAV (dyor) and quarterly results out on Monday, which should be really strong.

I am pretty sure (dyor) and please correct me if I am wrong, that the first shipment is happening next week?
Forgive me if this has been posted numerous times, but if correct, this must be an RNS that the market will welcome.
Please advise as I only have a small 100,000 holding and don't follow very closely.

Took another 34,936 this morning after the usual hassle of phoning a limit buy order in.
Now set fair for Monday morning with the anticipated quarterly update.
It will be interesting to see whether the Oslo market has sufficient volume for the share price to reflect the massive discount to net asset value.
If this share were quoted on the AIM market, I am sure that the response would be much better.
Time will tell.

MaryMullins, I always appreciated and valued your contributions to the PMG board when we were in there for years together. Like you, I lost faith in the prospect of ever developing a North Sea hub with oil prices where they are and may be for years.
I would appreciate it id you would take a look at TXP Touchstone Exp and North Energy where there is much room for growth.
I have been in and out of Hurricane a couple of times over the last year, and amazingly managed to come out ahead overall. I am now focused on companies where the drill is the key to success, and onshore wherever possible.
GLA

Look at the buys and sells.
Vol. Sold 339,112
Sold Value £239.07k
Vol. Bought 3,950
Bought Value £2,785
And the SP hasn't moved.
Definitely somebody with their corporate buying boots on around here.
Exciting times, I wonder if the MMs have heard that we have hit gas?
I will try to get my Trinny friend to get some pics.
It would be nice if there is a 100 ft tall flare.

I have a bit of experience in shareholder activism.
With the SP at a massive discount to NAV like this, the shareholders can call an EGM and wind the company up and distribute the assets.
Alternatively, we could call for a sale of assets and a special dividend if the Directors want to keep their jobs.
Any takers?

Had the usual bugger about trying to get through to EQI as this can only be done over the phone.
Held for 25 minutes and got through and finally placed my order.
Missed it by 30 seconds.
Norway closes at 3.20 pm.
GRRRRRRRRRRRRRRRRRR!!!!!!!

I have been checking Norwegian corporate law. We need 10% of shareholders to call a general meeting. It is possible to vote for a London stock exchange dual listing, for even more attractive is to to call to dissolve the company and distribute the assets. Now that would be a very attractive option .

Freshwest, My son is working in Hong Kong for the company developing this. It's looking good. They are going to build a 1,000,000 sq ft factory next to a graphite mine.
https://www.greencarreports.com/news/1121892_pich-electric-car-claimed-to-charge-as-fast-as-a-fill-up

I think that my idea of a horse box is enough to put most female equestrians off sex.
https://www.ebay.co.uk/itm/Vintage-Rice-Double-Horse-Trailer-Project/373161452737?hash=item56e227e4c1:g:spkAAOSwcp5fQS4P

Ah, 'nuff said.
A girlfriend asked me to buy her a new horsebox, I thought about £500.
Wrong.
https://www.oakleyhorseboxes.co.uk/detail.asp?id=40673

LEMON FFS I know that all farmers are really poor, please treat yourself to a premium subscription for a month, we need to talk. I know that times are hard, and you have had a substantial paper loss on TXP the last couple of weeks, but PLEASE treat yourself, it will pay off for you. If necessary, I will give you the money for your sub in Trinidad at the effing £1 party.

Not at all leaky here then?
I think we are about to see a bit of SP progress in the next week or so.
GLA